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An office employee walks in front of the Bank of Japan building in Tokyo, Japan. File photo: REUTERS
An office employee walks in front of the Bank of Japan building in Tokyo, Japan. File photo: REUTERS

The Bank of Japan has lifted its benchmark interest rate to 0.25%. The hike is the largest since 2007. Business Day TV discussed what this move means for Japan’s economy with Isaah Mhlanga, chief economist at RMB.

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